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For Sale 40 Days Online
$1,200,000
Studio
3.75 Bathrooms
2,395 Sqft Condo
Floor 6
Built 2004
No assigned parking spaces
HOA Dues $2,592 / month
Bank Owned Property (REO)
This unique opportunity includes three top-floor units: two 360 sq ft condos and one flexible-use commercial unit, all located just steps from the ferry and local shops. Both condos feature private bathrooms and are currently active as short-term rentals, generating monthly income. The commercial unit is not currently rented, offering flexibility for the new owner. The property also includes a huge 1,900 sq ft rooftop deck space, a steam room, a rooftop swim spa/hot tub, sauna, ample shower facilities, and lockers—making it an ideal opportunity for those interested in opening a wellness or fitness center. HOA dues cover water, sewer, and power, ensuring hassle-free ownership in this prime location.
Offer Review
Will review offers when submitted
Project
The Meridian
Listing source NWMLS MLS#
2289664
Listed by listing broker
Faustine Samec, Pellego, Inc.
Contact our
Bainbridge Island
Real Estate Lead
My Kitsap Homes, LLC
Phone...
Bedroom & Bathroom Layout
THIRD
SECOND
Property History
Sep 13, 2024
Listed
$1,200,000
NWMLS #2289664
More
Listing Details
  • Status
    For Sale
  • Price
    $1,200,000
  • Original Price
    Same as current
  • List Date
    September 13, 2024
  • Last Status Change
    September 14, 2024
  • Last Update
    October 1, 2024
  • Days on Market
    40 Days
  • Cumulative DOM
    40 Days
  • $/sqft (Total)
    $501/sqft
  • $/sqft (Finished)
    $501/sqft
  • Listing Source
  • MLS Number
    2289664
  • Listing Broker
    Faustine Samec
  • Listing Office
    Pellego, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $6,290 / month
  • HOA
    $2,592 / month
  • Property Taxes
    $255 / month
  • Homeowners Insurance
    $117 / month
  • TOTAL
    $9,254 / month

  • based on 20% down
    ($240,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Condo Details
  • Unit #
    Unspecified
  • Unit Floor
    6
  • Sqft (Total)
    2,395 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Condo (3 Levels)
  • Bedrooms
    0 Bedrooms
  • Bathrooms
    3.75 Bathrooms
  • Lot Size
    Unspecified
  • Lot Size Source
    Unspecified
  • Project
    The Meridian
  • Total Stories
    3 stories
  • Sqft Source
    Realist
Property Tax Info
  • 2024 Property Taxes
    $3,058 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Bainbridge Island
  • Elementary
    Bainbridge Schools
  • Middle
    Buyer To Verify
  • High School
    Bainbridge Isl
HOA
  • HOA Dues
    $2,592 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Central Hot Water
    Common Area Maintenance
    Earthquake Insurance
    Garbage
    Lawn Service
    Gas
    Road Maintenance
    Sewer
    Water
  • Pets Allowed
    Subj to Restrictions
  • HOA Contact
    Unspecified
  • Management Contact
Community Features
  • Community Features
    Electric Car Charging Station
    Elevator
    Fire Sprinklers
    High Speed Int Avail
    Laundry Room
    Lobby Entrance
    Rooftop Deck
    Sauna
Building
  • Name
    The Meridian
  • Units in Complex
    23
  • Units in Building
    23
  • Stories in Building
    4
Parking
  • Types
    Uncovered
  • Has Garage
    No
  • Nbr of Assigned Spaces
    Unspecified
  • Parking Space Info
    Unspecified
Views
  • Mountain(s)
Construction
  • Year Built
    2004
  • Home Builder
    Unspecified
Cooling
  • Includes
    Forced Air
Heating
  • Includes
    Hot Water Recirc Pump
Interior
  • Features
    Balcony/Deck/Patio
    Dryer-Electric
    Fireplace
    Washer
Property
  • Lot Features
    Paved
Appliances
  • Included
    Dishwasher(s)
    Microwave(s)
    Refrigerator(s)
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    Yes
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Owner Financing
Utilities
  • Energy
    Propane
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 170
  • Number of Photos
    40
  • Last Modification Time
    Tuesday, October 1, 2024 5:35 AM
  • System Listing ID
    5365991
Update Info
  • First For Sale
    2024-09-13 21:22:45
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Sharing

 
For Sale 40 Days Online
$1,200,000  
3.75 Baths   2,395 SQFT  
Offer Review: Anytime
NWMLS #2289664. Faustine Samec, Pellego, Inc.
Map 
 
Listing details based on information submitted to the MLS GRID as of Monday, September 30, 2024 10:35 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.